CFL Global Sportsbook Odds
|Updated: Sun, Aug 1 02:12 PM EDT|
- All Game Times are Eastern Standard Time.
How to read Grey Cup Odds
The Grey Cup is the championship game for the CFL and dates all the way back to 1909. Five different teams have won the Grey Cup the last five seasons, capped off by the Winnipeg Blue Bombers blasting the Hamilton Tiger-Cats, 33-12 in November 2019. Winnipeg covered easily as four-point underdogs and the game remained 'under' the closing total of 52.
Underdogs have won three of the last four Grey Cup championships outright, while the 'under' is currently on a 3-0 run according to our historical betting results.
The 2020 Grey Cup will take place from Mosaic Stadium in Regina, Saskatchewan on Nov. 22, 2020 and oddsmakers have put up early future odds. The Hamilton Tiger-Cats are listed as the top betting choice in the latest CFL futures betting market in spite of losing in the Grey Cup last season.
2020 Grey Cup Futures
- Hamilton Tiger-Cats 17/5
- Saskatchewan Roughriders 5/1
- Winnipeg Blue Bombers 11/2
- Calgary Stampeders 11/2
- Edmonton Eskimos 13/2
- BC Lions 7/1
- Toronto Argonauts 17/2
- Montreal Alouettes 17/2
- Ottawa Redblacks 14/1
How to read the Grey Cup Future Odds
Ex. - Bet $100 on Hamilton Tiger-Cats at 17/5 odds will return $340
Ex. - Bet $100 on Saskatchewan Roughriders at 5/1 odds will return $500
How to read CFL Global Odds
All of the above numbers are listed next to the teams, and before each matchup is a Rotation number. The CFL Global Odds are listed in order of rotation and those numbers are generated and produced by the sportsbooks. Above each matchup and rotation is the Time of the game, which is subject to change. All game times are Eastern Standard Time on the CFL Global Odds.
The favorite is always listed with a minus (-) sign before the point-spread while the underdog is labeled with a plus (+) label.
Ex. Favorite -10, Underdog +10
On the VegasInsider.com Global CFL Odds page, there is another number associated with the favorite and its normally listed as -10. This number is simply defined as “vig” or what many in the sports betting industry call vigorish. Another common term is called “juice” and it’s technically the price the bettor has to pay on a straight wager.
Ex. Bet $110 to win $100 (10% juice)
Ex. Bet $100 to win $91.91 (10% juice)
The Global bookmakers tend to offer adjusted numbers associated with each NFL point-spread and this can often be called as 'reduced juice' odds. Examples seen on the Global Odds pages could include -08, -12, -15 and -20.
Ex. Bet $108 to win $100 (8% juice)
Ex. Bet $120 to win $100 (20% juice)
Another number that’s posted on the CFL Global Odds is the total or ‘over/under’ for the specific matchup. If the favorite is designated as the home team, then the total will be listed above and vice versa if the visitors are favorites.
All of the above numbers are listed next to the teams, and before each matchup is a Rotation number. The CFL Global Odds are listed in order of rotation and those numbers are generated and produced by the sportsbooks. Above each matchup and rotation is the Time of the game, which is subject to change. All game times are Eastern Standard Time.
How do I bet on a CFL game?
There is a favorite and an underdog listed in each game.
In this example, Winnipeg is listed as an 5.5-point favorite and Ottawa is an 5.5-point underdog. Winnipeg covers the spread if it wins by six points or more. Ottawa has two different ways to cover the spread as an underdog. First, if Ottawa loses by five points or fewer, it covers. The second way is if Ottawa wins outright by any score, so backing an underdog has its advantages, too.
What makes the CFL unique as opposed to the NFL is several rule modifications. The CFL plays 12-on-12, while the NFL has 11 players on each side of the ball on every play. Also, the CFL only allows three downs to get a first down, creating more opportunities to score faster. The CFL has a 110-yard field, compared to a 100-yard field in the NFL, while the CFL also increases scoring with singles or "rouges," with the kicking team receiving one point when a missed field goal is not returned out of the end zone or kicked through the end zone.